🌟🌟🌟All the US major indexes dropped today as Traders await Israel response to the missiles attack last Saturday. A good strategy is to buy $Nasdaq100 Bear 3X ETF(SQQQ)$ as a tactical bet. SQQQ seeks daily investment results that correspond to 3x the inverse of the daily performance of the Nasdaq Index.
It is a much simpler strategy than options trading which are more complex and require more capital. SQQQ is not suitable for long term hold due to its compounding nature.
Performance wise SQQQ is up 5% today and in the past 5 days it has risen by 8.2%. In contrast $Invesco QQQ Trust(QQQ)$
has dropped 1.6% today and in the past 5 days, it is down 2.7%.
@TigerStars
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